Ivanhoe Energy (IVAN -3.8%) slams allegations in a lawsuit launched against it over an oilfield...

|About: Ivanhoe Energy, Inc. (IVAN)|By:, SA News Editor

Ivanhoe Energy (IVAN -3.8%) slams allegations in a lawsuit launched against it over an oilfield development contract in Ecuador, and says the suit will not derail its plans in the country. The action relates to IVAN’s development of the Pungarayacu oilfield; a similar suit was thrown out in a Colorado court in 2009.